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Old 12-08-2004, 10:17 PM
RocketManJames RocketManJames is offline
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Join Date: Nov 2002
Posts: 118
Default Re: Advice when selling covered calls, in or out of the money?

Sure sounds like you're going to be selling calls on stocks with HIGH volatility. To achieve the 20-40% per year you are after, you'll need high volatility.

Also, I think what you're planning on doing is high risk. If you are purchasing a stock only because you want to sell the calls, then you're really putting a lot at risk. If you've already got larger holdings and you're trying to enhance overall yield, then covered calls, imo, is a viable option.

As for the option parameters you're looking for... I can't really help much there.

-RMJ
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